Arizona has proposed two Bitcoin Reserve Bills aimed at creating a managed digital asset reserve. This would be funded through confiscated criminal assets and public funds. If approved, the state treasurer could invest up to 10% annually.

Governor Katie Hobbs’s previous vetoes raise concerns about the bills’ approval. In 2024, she vetoed more proposals than any other governor, creating uncertainty for Arizona’s crypto reserve plans.

Other states like Texas and Oklahoma are pursuing similar Bitcoin reserve initiatives, while states such as Montana and Pennsylvania oppose these proposals. The 2025 financial landscape for cryptocurrency remains unpredictable.